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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): March 12, 2026
| ARTIFICIAL
INTELLIGENCE TECHNOLOGY SOLUTIONS INC. |
| (Exact
name of registrant as specified in its charter) |
| Nevada |
|
000-55079 |
|
27-2343603 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
10800
Galaxie Avenue
Ferndale,
MI 48220 |
| (Address
of principal executive offices) |
| (877)
787-6268 |
| (Registrant’s
telephone number, including area code) |
| Not
Applicable |
| (Former
name or former address, if changed since last report.) |
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| N/A |
|
N/A |
|
N/A |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
When
used in this Current Report on Form 8-K, unless otherwise indicated, the terms the “Company,” “our,” or “we”
refer to Artificial Intelligence Technology Solutions Inc. and its subsidiaries.
Artificial
Intelligence Technology Solutions, Inc. is referred to herein as the “Company”, “we”, or “us”.
Item
8.01 Other Events
On
March 2, 2026, we filed a Definitive Information Statement with the Securities and Exchange Commission (the Commission) for
the approval of an Authorized Share Increase by Three Billion Eight Hundred Million (3,800,000,000) shares from Twenty-Seven Billion
Five Hundred Million (27,500,000,000) to Thirty-One Billion Three Hundred Million (31,300,000,000) resulting
in a total authorized capitalization of 31,320,000,000 shares, including 20,000,000 shares of Preferred Stock
(the
“Authorized Share Increase).
On
March 12, 2026, a Reverse Stock Split ratio of 100 for 1 was processed by FINRA. As a result of the Reverse Stock Split, on March 12,
2026, our Board of Directors unanimously voted to not proceed with the Authorized Share Increase. The authorized capitalization remains
at Twenty-Seven Billion Five Hundred Twenty Million (27,520,000,000) shares,
including Twenty-Seven Billion Five Hundred Million (27,500,000,000) common shares and Twenty Million (20,000,000) shares of Preferred
Stock
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
| Date:
March 12, 2026 |
ARTIFICIAL
INTELLIGENCE TECHNOLOGY SOLUTIONS INC. |
| |
|
|
| |
|
/s/
Steven Reinharz |
| |
Name: |
Steven
Reinharz |
| |
Title: |
Chief
Executive Officer |